Tuesday, February 1, 2011

As Usual The IMF Didn't See It Coming

I mean the crisis that started in Tunisia and which has since spread to Egypt. See, they commended the authorities' sound macroeconomic management and the reforms implemented since 2004, which had strengthened the resilience of the Egyptian economy in the face of the global crisis in the case of Egypt last April while executive directors noted that Tunisia weathered the global crisis well, largely reflecting its sound macroeconomic management and structural reforms over the last decade and timely responses since the onset of the crisis a few months ago.

So their analysis is too bland to pick up social volcanoes that are brewing right under the surface. By the way doesn't their language sound familiar to you?

23 comments:

Anonymous said...

Thats very bad eh, for an institution like that. Rama oh rama.

Anonymous said...

Hope its not contagious and it doesnt reach us here.....although some of the ingredients are already in the melting pot.....astronomical corruption the size of jupiter, bad essential public service(water), people on the political scene for quite a lomg time(I dont see why we should say anything about Hosni when we have our own versions here)and unemployment.....I heard infinity will close down soon after millions of tax payer's money has been poured into it.....

akagugo said...

@ Anonymous of February 1, 2011 7:48 PM:
"Hope its not contagious and it doesnt reach us here"
I hope your hope doesn't get consideration, and that mine, which is the exact contrary of yours, gets through... :-D Why? because of the very signs and symptoms you've mentionned. But does Dodoland really deserve the government it votes for?

Anonymous said...

We should always hope no such thing takes place here. Mauritius is a paradise island, the only of its kind in the world with this designation. Its a protected brand with a full patent!

Anonymous said...

Guys, infinity BPO is sinking and with it goes millions of rupees down the drain, those millions are public funds.........

Rama and his stimulus package - I think this was implemented by Darga and God knows who else(the PM?) approved all of this......what do they have to say now. I still hope all this work out!

Forget the IMF as being unable to see further from its own nose, here the govt is blind.

Anonymous said...

According to the IMF all is well here, all was well during 2010........and the MBC hasn't year about BPO Infinity.

Anonymous said...

Jean suzanne , man of the year 2005 - by Lexpress the rubbbbish paper par excellence.

Anonymous said...

I paid my VAT for it to be spent on Infinity BPO. Goodness knows what they did with all that money!

Note - I used to work there!

akagugo said...

@ Anonymous of February 5, 2011 5:32 PM:

Maybe these articles saves them from the bin. Even our dear Finlay has seen through the smoke screen of the "patron-voyou"... And it appears that history is repeating itself...

Anonymous said...

Darga did a brilliant job at defending the stimulus package on TV yesterday - this is ALL that he said - it was there to protect workers. Fullstop. Glory to Rama Sithanen

Anonymous said...

Well even Suzanne didn't see it coming, the bright idea that people have been looting him under his nose.lol

Anonymous said...

Yet another recognition that Dr Ramgoolam is the best leader in Africa, this time its from a team of researchers from Boston!!

Ki ou dire la fiere pas fiere(in the chantefrais style)?

Sanjay Jagatsingh said...

Zet enn ley lor rapor 2009 la: versyon papier propagand kuyon MBC.

Anonymous said...

just checked it out....nice photo he has there! eta Sanjay laisse li ta, li content people flat li ta.

akagugo said...

@ SJ
Thanks for the (involuntarily) humoristic link...

"AMIGO" (Attractive, Modern, Inclusive, Green, and Open)?? Since when was that slogan promoted anyway?

"Our long-term objective
of attracting two million tourists within the next
ten years is on target." Who measured that we are 'on target'?

"And so is our goal of diversifying
our four-pillar economy to one based on
eight pillars: sugar cane, tourism, textiles and
clothing, financial services, information and
communication technologies (ICT), seafood,
integrated resorts, and health and education
centers of excellence." Sugar cane a "pillar" with only 2% contribution to GDP. Ayo, let's stop here: too many jokes in a single sentence...

Sanjay Jagatsingh said...

@Akagugo
Ti volonter...
Wai, li pe envi konvaink li ki linn azut enn ta nuvo sekter... byen byen tris

Anonymous said...

Ramgoolam will be well in reading and re-reading and re-reading Le corbeau et le Renard of La fontaine.

Or he might not even fit in this scenario as well - dont think the guys actually learns from his mistakes

Anonymous said...

abe quand nou pou protester nous, lor chemin tou ca?

Sanjay Jagatsingh said...

Ler li fini lir manyel aston martin li va kav seye relir le korbo e le renar...

akagugo said...

@ Anonymous of February 15, 2011 9:02 PM

Ou pe envie Dodoland arrive ça? Mo bien sagrin pou dir ki mo dakor ar sa dimoun-la: Tou dimoun envie ki so prop cas enn exception ki excusable. Comié pé envie ki Dodoland re-vinn prop couma Rodrig, couma dimoun ti bien-elvé avant, couma nou ti véritablement courtois et solidaire avant, mais komié ki pré pou abandonne so ti-confort pépère et bien douillet (so lekol primaire ki pas dans so catchment zone, so ti contravention ki sauter akoz so relation, so bann ti-faverr parski so bofrerr travail tel place ek so permis ki inn korek parski so serr bien placé parsi ek enn lott approval inn gagner parski so larmé lekol enn top parla...) pou coumence enn vrai la-vie honnête sans passe-droits, sans faveurs, sans bizin doubler dans gauche, mais accepter attann so tour dans laké?

Saki ressi faire so auto-critique ek renonce à bann short-cuts (intellectuels ek situationnel) lerla li capav prend simé la-limierr. Lezott capav rev-revé touzour.

akagugo said...

It's already 5 years ago, and a very sour after-taste...

Sanjay Jagatsingh said...

Tann sa bann komik la inpe. Tuzur dan fatak mem. Mo dimann mwa kot zot tir rasyon...

akagugo said...

Mo less Warren explik ou couma ek ar kisann-la sa-bann kalité dimoun/lorganizasyon-la tirr zott rasyon.